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Spending PTO money

22 years 9 months ago #94649 by MightyJo
Replied by MightyJo on topic RE: Spending PTO money
Our PTO is similar to plw's. The Executive Board sets a budget which is approved by the general membership at the first meeting of the school year. We have "Administrative" & "Hospitality" categories under which the items you listed would fall.

Jo
22 years 9 months ago #94648 by plw
Replied by plw on topic RE: Spending PTO money
As long as you have presented a budget for the year to your members and they have approved it then anything in that budget may be spent without another vote. You may ammend that budget at any time during the year with a 2/3 vote of a quorum. Just make sure that known expenses are listed in your budget so that it does not need to be revisited. The expenses you listed could fall under a postage allocation or hospitality. Do you have a budget?
22 years 9 months ago #94647 by Pres88
Replied by Pres88 on topic RE: Spending PTO money
There is a by law section on this board or links to it and this will be a good start.

Our by laws state pres up to $100, the board up to $500 and over $500 needs the membership to vote.

This is only for amounts that are not in the budget. Meaning, if the fun night committee has a budget of $750., then they can spent up to that amount without checking with anyone. Each class has an amount for field trips and they use it as they wish until it is gone or the year ends, etc etc.
22 years 9 months ago #94646 by adampto
Replied by adampto on topic RE: Spending PTO money
We don't have by-laws to go by. How do you go about starting them?
22 years 9 months ago #94645 by Marion
Replied by Marion on topic RE: Spending PTO money
We have a dollar amount in our by-laws. (The president can spend up to $50 without getting approval from the Board.) What I usually do if I need to spend more than that, and I need to do it before a board meeting, I'll do an unofficial canvas of the board to make sure everyone agrees and then we formalize the vote at the next meeting.

Marion
22 years 9 months ago #94644 by adampto
Spending PTO money was created by adampto
How do most PTO's go about finding out how much money they are allowed to spend without going before a monthly board meeting? I am talking about, thank you's stamps, decorations, refreshments, supplies etc. Do we have the right to spend?
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